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I believe AVAX has seen the worst, the price won't drop any lower, as its quite below the 50MA on a weekly time frame (VAN ECK ETF filing will draw investment opportunities). I further believe the price will climb back up to 30USD and create a sideways channel, fluctuating in the 30-15USD range, for the coming weeks/months. Holistically viewing, we are in an overall sentiment of market uncertainty (With the Trump-Pump out the window and all mixed signals from the USA with import tariff increases), so I don't see the price breaking bullish anytime soon (above the 30USD range). Lets wait and see what the Crypto Market does as a whole, with all eyes on Bitcoin & its ETF which stole the Altcoin-Season spotlight. We are not yet overall bearish yet 2025.AVAX fell below $15, invalidating this post. Some more downside very likely.
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